ConocoPhillips Updates on Malaysia, Australia Projects

ConocoPhillips provided an update on its Asia Pacific projects, including those in Malaysia and Australia, when the company announced its second quarter results recently.

The firm said the floating production system (FPS) for the Gumusut-Kakap deepwater field off Sabah, Malaysia arrived on site and that hook up and commissioning activities are currently in progress.

Separately, development continued at Siakap North-Petai (SNP) field, which is located in water depths of 4,429 feet off Sabah, Malaysia. ConocoPhillips said a key production module and accommodation unit were lifted on site at the SNP field. Both the SNP and the Gumusut-Kakap projects are expected to startup late 2013.

Meanwhile, the Kebabangan development, located off the northwest coast of Sabah, remains on track for startup in 2014. The jacket was successfully installed during the second quarter and drilling commenced in July.

In Australia, the company said construction continues at the Australia Pacific LNG (APLNG) project in Queensland with first liquefied natural gas expected in 2015.



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